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Myanmar-Laos border gate receives international status

The border gate between Myanmar and Laos has been upgraded and given international status, according to the Ministry of Labour, Immigration and Population. The ministry has upgraded the Wan Pong check point in Tachilek, Shan State, making it an international border entry point for Myanmar and Laos. It has also opened the Myanmar-Laos Friendship Bridge […]

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Laos has huge potential for labour export

Tens of thousands of Lao nationals entered the international labour market in 2017, raising hopes that Laos can turn this business into a new foreign exchange earner. According to data from the Lao National Statistics Bureau, Laos supplied about 49,000 labourers to the international market in 2017 through a bilateral labour cooperation mechanism. The bureau […]

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Vietcombank Opens First Overseas Bank In Laos

(KPL)The Joint Stock Commercial Bank for Foreign Trade of Vietnam, Vietcombank, officially inaugurated its Vietcombank in Vientiane on Oct 19. Located on Lane Xang Avenue, a finance-banking hub in downtown Vientiane, the Vietcombank Laos chapter has a charter capital of US$ 80 million, the highest among Vietnamese credit institutions in the country. Vietcombank Laos will […]

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